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Posts Tagged ‘HME’

Louisville Show is Approaching a Sell-Out

July 28th, 2014 Comments off

2014-louisville-manufactured-housing-show-crowd-photo-credits-mhpronews-manufacturedhomes-com-There are almost 6 months to go before the start of the 2015 Louisville Manufactured Housing Show, and booth space and manufacturers exhibit space is approaching a sell out.  MHProNews has learned there will be 2 new factory builders planning for the 2015 event, and apparently all the current manufactured and modular builders are expected to return.

Registration for the 2015 show opens on October 1, 2014.  Dennis Hill of Show Ways Unlimited suggests it’s wise to mark your calendars now for the 2015 show.

“Louisville has been the best attended industry event 2 years in a row.” Dennis Hill said.  “As videos from attendees in 2014 posted on our updated show website underscore, the enthusiasm and value for attending the show has not been better in a decade. Our popular Business Building Seminars will be back, and because they were often standing room only in 2014, we’ve expanded the seminar space.  The full seminar line up will be available this fall.”

Show Chairman Ron Thomas Sr. had only this to say, “It’s the best way to start off your new year. Don’t miss it!” ##

(Photo credit: ManufacturedHomes.com and MHProNews.com)

HUD’s Pam Danner shines at elegant Alexander Hotel in Indianapolis amid Optimistic 2014 Manufactured Housing Institute (MHI) Summer Meeting

June 11th, 2014 Comments off

pam-danner-hud-code-manufactured-housing-program-administrator-mhi-2014-summer-meeting-indianapolis-in-alexander-hotel-(c)2014-mhpronews-com-97 industry leaders – plus staff, friends and family – came to the Alexander Hotel in Indianapolis, IN June 8-10 for the 2014 Manufactured Housing Institute (MHI) Summer Meeting. The new manufactured home program director at HUD, Pam Danner, was featured on the final day, in addition to her participating in numerous technical, regulatory and other discussions with industry members.

Danner, an attorney with prior federal and factory-built home industry experience, was applauded numerous times for her statements assuring industry leaders that some of the program backlog caused by the vacancy in the program she filled was being addressed.

The changes Danner spoke about ranged from the symbolic – hanging new framed photos of manufactured homes in their offices – to addressing delayed regulatory issues, to assuring the industry that she would strive to see manufactured housing be increasingly included in HUD’s programs.

The periodic applause from attendees was genuine, rather than polite. Comments from attendees were positive and encouraged at what has already taken place during Danner’s first 10 weeks at HUD. ##

(Photo Credit: MHProNews.com)

Even with Thunderstorms, Tunica Pre-Show Estimates Exceeded

March 30th, 2014 Comments off


2014-tunica-manufactured-housing-show-entrance-south-central-manufactured-housing-institute-harrah's-convention-center-tunica-msWhile weather and other factors kept some potential attendees away, preliminary figures from Show Ways Unlimited and the registration company indicted that a total of 2195 professionals attended the 2014 Tunica Manufactured Housing Show.  Pre-Show estimates on total professionals expected at this year’s event were for 2100 total.

The timing of Ceasar’s Entertainments public announcement on March 26 that their Harrah’s Tunica property would be closed may have confused some potential attendees.

Sources close to the Show speculated that the property may still be sold prior to the June 2 planned closing date for the casino and hotels.  If indeed the property closes, a few ideas were floated for new potential locations for the show, including a new all indoor location in Nashville, TN.

One way or another, this March Manufactured Housing Show is expected to continue on.

Post show commentary and videos are expected in April’s Featured Articles on MHProNews, on the Industry Voices guest blog and on the Cutting Edge blog. ##

(Photo credit: MHProNews.com)

S 1828 Co-Sponsors grow in wake of MHI Legislative Session

February 14th, 2014 Comments off

wikicommons-daily-business-news-mhpronews-com.jpgSources with ties to Manufactured Housing Institute (MHI) tell MHProNews that the number of sponsors and co-sponsors for S 1828 has jumped from 4 to 9 as a direct result of the recent visits by members to their U.S. Senators. Dan Coates (R-IN), Rand Paul (R-KY), Lamar Alexander (R-TN), Joe Manchin (D-WV) and Jim Inhofe (R-OK) all joined sponsor Joe Donnelly (D-IN), original cosponsor Tom Coburn (R-OK) and cosponsors Tim Scott (R-SC) and Pat Toomey  (R-PA).

There are also 108 Congressman – 20 Democrats and 88 Republicans – who have signed onto the House version of this legislation, HR 1779.

“This proves that we have positive movement.” a source close to the lobbying efforts said. Sources tell us there are more expected to sign on in both sides of Congress in the days ahead. Industry members are urged to contact their Senators or House members to ask for their support. ContactCongress.org ##

Friday 13th Senate Companion Bill for HR 1799/MH Avoided

December 14th, 2013 Comments off

us_senate_seal-posted-daily-business-news-manufactured-housing-mhpronews-Informed sources told MHProNews on Friday that the companion bill to HR 1779 – The Preserving Access to Manufactured Housing Act of 2013 – was about to be filed. A source close to Oklahoma Senator Tom Coburn said off the record, “Dr. Coburn has decided to cosponsor the bill with Senator Donnelly.  It will be introduced today (Dec 13th).” Another source revised that expectation, saying the bill would more likely be filed on Monday. “No, the Senate adjourned a bit earlier than planned.  It’s going to drop the first thing Monday!”

The Senate companion bill becomes more important to manufactured housing home owners and industry members, since the CFPB rejected the bipartisan call by 11 U.S. Senators to delay the implementation of Dodd-Frank rules impacting manufactured home lending.

The news brief and a copy of Richard Cordray’s letter declining a delay in support are available as a download on the article linked here, or as an updated download from the article linked below.

MHProNews will naturally track these developments and keep industry members, investors and other interested parties informed. ##

(Editor’s Note: See a red-hot HR 1779 related story at this link.)

Sam Zell says, Open the Kimono

November 20th, 2013 Comments off

sam-zell-nareit-reitworld-2013-lunch-speaker-credit-globest-posted-daily-business-news- (1)Sam Zell told the REIT (Real Estate Investment Trust) Industry in San Francisco, “Open Kimono, total transparency.” That was the key to success for REITs, said the chairman of Equity Lifestyle Properties (ELS), Equity Group Investments (EGI) and Equity Residential (EQR). Zell said that when the government passed the original REIT Act, the purpose was to create an opportunity for the “little old lady of Pasadena” to be able to invest and own a piece of America’s commercial real estate. “The whole concept that we were wrestling with in 1993 was how we could fulfill that objective.” globest tells MHProNews. “If you believe that the US position as a reserve currency is very important, than you have a leadership responsibility to take steps to protect it and I don’t think it is happening, and the risk is huge.” words that echoed our earlier report, “Our Way of Life is Very Much Threatened.” Zell add that “Every time the Government interferes and try to deter the rules of economics, it doesn’t work.”

A related Sam Zell story can be found in the Industry In Focus reports, linked here. ##

(Photo credit: globest)

Pre-HUD Code Mobile Homes Fingered for Construction and Energy Issues

August 22nd, 2013 Comments off

charolle-white-pre-hud-code-mobile-home-credit-earthfix-oregon-public-broadcasting-posted-daily-business-news-manufactured-housing-professional-news-mhpronews-Mold, uneven floors and energy wasting are among the complaints that Charlotte White, an owner of a pre-HUD Code mobile home expressed, says earthfix. The 64 year old White is retired and lives in a single wide located in Rainbow Rock Village in Curry County, Oregon. Their story underscores the dramatic improvement in quality, safety and energy efficiency in manufactured housing since the Department of Housing and Urban Development (HUD) manufactured home safety standards went into effect, which took place on June 15, 1976, and accelerated with the updates to the so-called HUD Code in 1994. Nevertheless, millions of pre-HUD Code mobile home owners may struggle with issues like those which have impacted White, including utility bills that may be half or more of her monthly social security check of under $400 monthly. MHProNews notes that the earthfix report failed to identify if the pre-HUD Code mobile home has been properly maintained, which industry pros know can lead to some of the complaints expressed in the story. These are clarifying points to a story run previously, at this link. ##

 

(Photo Credit of Charlotte White: earthfix and Oregon Public Broadcasting)

 

UMH, Sun Communities top REITs list on dividend yields

August 5th, 2011 Comments off

laptop_man_by_EdYourdon_Flickr_creative_commons_posted_MHMSM.com_MHProNews.pngZacks reports the top five companies in the residential REITs (Real Estate Investment Trust) industry as measured by dividend yield. UMH Properties (AMEX:UMH) ranks first with a dividend yield of 6.6%.  UMH is followed by Sun Communities (NYSE:SUI), ranking second with a dividend yield of 6.6%. Home Properties (NYSE:HME) and Associated Estates Realty (NYSE:AEC) have dividend yield of 3.8%. American Campus Communities (NYSE:ACC) have a dividend yield of 3.6%. Dividends may enhance returns for investors seeking income as well as capital gains.

 

(photo credit: EdYourdon Flickr Creative Commons)